KE Holdings Inc. (BEKE) has approved the issuance of 45,876 restricted share units (RSUs) to two independent non-executive directors, reinforcing its equity-based remuneration framework established in the 2020 Share Incentive Plan.
On 2 September 2026, the Board granted: • 32,112 RSUs to Ms. Xiaohong Chen • 13,764 RSUs to Mr. Hansong Zhu
The awards carry no purchase price and will vest in full on the first anniversary of the grant date. No performance conditions apply, consistent with Hong Kong’s Corporate Governance Code guidance for independent directors. Standard claw-back provisions will cancel unvested RSUs and may require repayment of vested benefits if service is terminated for cause.
The closing price of KE Holdings’ Class A ordinary shares on the grant date was HK$46.68, implying a notional aggregate value of approximately HK$2.14 million (US$273,000) for the total grant. Settlement will be satisfied through existing Class A shares held by the depositary bank from before the company’s Hong Kong listing, thus avoiding further share dilution. The grants fall within the Listing Rules’ 1% annual limit for director equity awards.
Following this allocation, KE Holdings reports that 120.65 million RSUs remain available for future issuance under the 2020 Share Incentive Plan, which has a maximum pool of 253.25 million shares and is scheduled to run until its May 2032 expiry unless terminated earlier.
The award terms and approvals were cleared by the company’s independent non-executive directors (excluding the respective recipients).
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